Tag "ICO"

Recommendations to Regulate Switzerland’s Blockchain Industry

Federal Councilor Johann N. Schneider-Ammann was presented with a document containing a host of recommendations for the development of the Swiss blockchain industry at the Blockchain Summit in the Swiss city of Zug. The paper (in German here) was compiled

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FINMA Publishes ICO Switzerland Guidelines

The Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling enquiries from ICO organisers. The guidelines also define the information FINMA requires to deal with such enquiries and the principles upon

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Tezos Foundation President To “Step Back … As Soon As Things Are On Track”

Johann Gevers, the president of the Tezos Foundation, has committed to “step back” from his role once the project is back on track with a new board. The statement comes after months of tensions and public feud with the project’s

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Dragon INC. is On Course to Complete World’s Largest ICO

Dragon Inc., a fintech company that underpins the casino gaming sector with blockchain technology, launched its Pre-ICO (Initial Coin Offering) on Friday December 8th, 2017, a subscription round of funding that allows the public to buy the company’s cryptocurrency. The

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Abu Dhabi Global Market Sets Out Guidance On Initial Coin Offerings And Virtual Currencies

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). Distributed Ledger Technology (DLT) has

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Swiss Regulator FINMA Is Investigating ICO Procedures

The Financial Market Supervisory Authority FINMA has observed a marked increase in initial coin offerings (ICOs) conducted in Switzerland. It has therefore issued FINMA Guidance 04/2017 on this topic. FINMA has also indicated that it is investigating a number of

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